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California · Through 2026-09-13

FIN § 1340

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Where this section sits in the code
  1. Financial Code - FIN
  2. DIVISION 1.1. BANKING [1000. - 1910.]
  3. CHAPTER 10. Restrictions and Prohibited Practices [1320. - 1367.]
  4. ARTICLE 1. General Provisions [1320. - 1341.]

Unless specifically authorized by law or by the commissioner, a bank shall not become, act as, or in any other manner assume the duties or liabilities of, a general partner. For purposes of this section, “general partner” has the meaning set forth in subdivision (m) of Section 15901.02 of the Corporations Code.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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